The Hartford's Aetna deal may dampen takeout speculation

The Hartford's $1.45bn deal to buy Aetna's group
benefits business likely dulled the carrier's allure as a
takeout target and that may explain a 5 percent drop in the
company's shares in early New York trading today.
With a mid-teens multiple, the Aetna deal implies that The
Hartford, which is also known by its ticker symbol HIG, will get
"a platform that has superior technology, complementary
distribution, and ports managed care expertise into the combined
offering," FBR Capital analyst Randy..